Bitconnect update regarding the changes to lending and exchange functions
Dear community members, the current BCC price drop is the direct result of us releasing all of our members coins at one time. We will do our best to honor the value of BCC as close to what it has been holding during past several months. At this time, we are closing the lending platform only. The BCC Exchange will work as usual from tomorrow and the wallet service will remain operational to hold your BCC on the website.
For next 10 days we are allowing members outside the U.S.A, to participate in the BitConnect X ICO with BCC at $150. This is to support existing coin holders and give the BCC coin some initial stability after these recent events.
We are launching a new, superior system as an exchange that will support several cryptocurrencies as soon as possible and BCC will be listed immediately.
BitConnect Coin are limited in supply to 28 million and there are currently only 9.6 million in circulation.This scarcity of supply should create a market demand, with help and support from the community, once this new exchange begins operation.
We still expect BitConnect coin (BCC) to gain its value back and you can hold your coins in the website wallet or transfer them to a QT wallet.
We apologize for this inconvenience and we are working to get things corrected for this community and platform.